BitTorrent Token (BTTC) has an extremely high supply of over 960 trillion tokens due to a combination of strategic and technical factors. Here are the main reasons:
1. Accessibility and Microtransactions
BTTC is designed to be used in a decentralized ecosystem such as the BitTorrent protocol and related platforms.
A high amount of tokens allows for very small divisions, enabling efficient microtransactions, such as paying for features like file uploads/downloads or incentives within the network.
2. Distribution and Scalability
With a high supply, it is possible to distribute the tokens to millions (or even billions) of users.
This facilitates large-scale adoption, especially in services that require mass participation.
3. Market Psychology
Smaller token values (such as fractions of a cent) may appeal to beginner investors who prefer to own a large number of tokens rather than fractions of a more expensive cryptocurrency.
4. Rewards Economy
The amount of tokens is also useful for supporting incentive and reward systems on the BitTorrent network.
Tokens are distributed to users who share files or contribute to the ecosystem.
5. Planning to Inflate the Network
A massive supply allows the team to hold reserves for future integrations or rewards for miners and validators.
This model is common in cryptocurrencies that focus on accessibility and mass participation, but it is important to note that the high supply can make it difficult to achieve significant increases in price per unit, since the total value of the network needs to be very high to compensate for the large number of tokens.
Massively reducing the number of tokens would go against the intended use of BTTC. Do not compare BTTC with $BTC which is used as a reserve (digital gold), while $BTTC has a practical purpose and encourages decentralization.
BTCC is a solid project, it doesn't have the volatility of a memecoin. A small investment of $BTTC and patience may be what you need to secure a piece of this promising future. As an example, look at the patience of those who have held Bitcoin since its launch, and the fruits they are reaping today.